Besides the fact that PBC raised their buy up to price on Bitcoin to $25,000 from $10,000, there's one very good reason why February is going to be a killer month for Bitcoin:
Wall Street.
While political events have influenced the cryptocurrencies market lately, a lot of the volatility was actually being caused by manipulation from Wall Street investors.
Because of the success of their influence, we're going to see tons of other investors jump in to get their share. Right now, there is anywhere between $100-200 billion waiting to jump in. A lot of that will go to Bitcoin.
This month will be volatile, but all time highs will be everywhere. After enough money jumps in, the market will be less volatile as its harder to manipulate larger markets.
This means February will start off crazy with lots of peaks and dips, but then the market will rise fast.
This could be the best year for cryptocurrencies yet.
So hold your Bitcoin!
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Topic: Why Bitcoin is going to surge very soon (Read 136 times)
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